π Brazil's inflation payoff arrives as India's PMI cools from a sugar high
The day in view
π Brazil's inflation payoff arrives as India's PMI cools from a sugar high
Brazil's IPC-Fipe consumer price gauge decelerated to 0.18% month-on-month in June from 0.45% in May, boosting odds of an August rate cut, while India's composite PMI cooled to 57.4 from a six-month high and South Korea's FX reserves slipped to $426.99bn.